Office for sale

£1,500,000
For sale £1,500,000
28 days ago.
Contact details
020 86XX XXXX Click to reveal
Asking price
£1,500,000
Type
Office
Size
15,304 sq ft
NIY (%)
7.33
Features
Car park, Caretaker, Lift, Train transport, Transport

□ Prominent investment opportunity in Luton town centre with residential potential □ The property comprises a ground floor banking hall with mixed use office accommodation above □ Potential to convert the upper floors to residential subject to the necessary consents □ Luton has become one of the UKs most affordable London commuter towns and the property is situated a less than 10 minute walk from Luton train station □ The property provides approximately 15,304 sq ft of net lettable area □ The ground floor is let to the undoubted 5A1 covenant of RBS □ Current total passing rent of £116,695 pa with 4,397 sq ft currently vacant □ Luton has a population of 216,800 which is projected to see significantly above average growth in the next five years □ The property is located opposite Debenhams and adjacent to Luton Crown Court, moments form one of the principle entrances to The Mall Luton

Conventional offices in nearby locations

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National rail 0.5m Luton
Nearest airport 3.2m London Luton

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Allsop. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Allsop for full details and further information. Also view the agent details from Allsop.